Küresel Economic Tensions Impact SHIB The cryptocurrency market experienced significant turbulence as escalating trade tensions between the United States and China sent shockwaves through küresel financial markets. Shiba Inu (SHIB) was not spared from …
Financial markets are in a meltdown and every leg lower is strengthening expectations in the credit market that the Fed will soon offer support. Bitcoin (BTC), the leading cryptocurrency by market value, traded 8% lower at $75,800 and the U.S …
The number one question on investors’ minds is whether an asset has hit its bottom after being in a sustained downtrend for an extended period of time. Recent price action suggests that bitcoin (BTC) may have found its bottom just above $76,000 on …
A hammer candle is where the lower or upper wick is 90% of the total range.
BTC’s latest price action seems to contrast sharply with the uptrend exhaustion observed at record highs above $108K in mid-December.
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